Kenyan Agritech Startup iProcure Placed Under Administration Due to Unpaid Debts
Founded in 2013 by Stefano Carcoforo, Nicole Galletta, Patrick Wanjohi, and Bernard Maingi, iProcure aimed to assist distributors of agricultural supplies, like fertilizers, in sourcing products from manufacturers.
Binance Urges Release of Detained Executive in Nigeria, Denies Decision-Making Role
Gambaryan and Nadeem Anjarwalla, who works for Binance in Kenya, got caught up when they went to Nigeria to fix a problem with the Binance website.
Renda Secures $1.9M Funding to Expand E-commerce Logistics Reach from Nigeria to Kenya
What's cool about Renda is they don't own any warehouses or trucks. Instead, they team up with over 5,000 other businesses to get the job done.
Venture for Africa Teams Up with Africa Product Peers to Launch Mid-Level Career Bootcamp
The bootcamp, designed for professionals with 3-8 years of experience, aims to equip participants with the skills and connections needed to excel in the competitive tech industry.
Canal+ Expands MultiChoice Stake in Ongoing Acquisition Drive
French media giant Canal+ has snagged an additional 3,374,668 shares in MultiChoice, pushing its total ownership to 41.59%. This move...
Chowdeck, a Nigerian Delivery Service, Secures $2.5M in Funding
Nigeria's delivery market is growing fast, but it's not easy.
Glovo Pulls the Plug on Ghana Operations After $3.7 Million Investment
The company said Ghana needed lots of money and time to become profitable, so they're moving their efforts elsewhere.
BuuPass Boosts African Intercity Booking with QuickBus Acquisition
Sonia Kabra, one of BuuPass's founders, expressed excitement about expanding their presence across Africa.
Telecoms Should Share Infrastructure for Cost Savings in Nigeria: NCC Suggests
Last year, telecoms in Nigeria had a rough time.
CBN Halts New Account Sign-ups for Kuda, Moniepoint, and OPay
The government is cracking down on fraud.